Friday, July 4, 2008

Accumulataive Line Graph (Lorenz Curve)

http://images.google.com/imgres?imgurl=http://www.northlan.gov.uk/business%2Band%2Bemployment/local%2Beconomy/economic%2Binformation/lorenz%2Bcurve.jpg&imgrefurl=http://www.northlan.gov.uk/business%2Band%2Bemployment/local%2Beconomy/economic%2Binformation/economic%2Bbulletin%2B8%2B-%2Bpolicy%2Bround%2Bup.html&h=355&w=500&sz=59&hl=en&start=9&tbnid=SxKYKqKoxDK0oM:&tbnh=92&tbnw=130&prev=/images%3Fq%3Dlorenz%2Bcurve%26gbv%3D2%26hl%3Den

The above image is a lorenz curve showing the income of the people in Scotland. The chart shows a slight increase in equality from 2000/01 to 2005/06. The yellow line shows perfect equality and the red and dashed lines are the lorenz curve that shows the actual income. A lorenz curve is a graph that shows the concentration of ownership of wealth and income.

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